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Dec
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2020

Texas Daily AG Market Summary

Posted 207 days ago ago by Administrator Account

Daily Market Summary for December 22nd

The Daily Market News Report bought to you by The Cattle Range. Please visit their website for more information!


Daily Market Summary for December 28th

   
Slaughter Cattle:
As of 3:00 PM Monday, negotiated cash trading in the Western Cornbelt has been mostly inactive on very light demand. Negotiated cash trading has been at a standstill in all other major feeding regions. Not enough purchases in any region for a full market trend. Last week in the Southern Plains live purchases traded at 110.00. In Nebraska last week live purchases traded at 110.00 and dressed purchases traded at 172.00. Last week in the Western Cornbelt live purchases traded from 106.00-110.00 and dressed purchases traded at 172.00.
       
Negotiated Sales:
Confirmed:              183
Week Ago:               249
Year Ago:                 118
       
Formula Net
Dressed Steers & Heifers:
Head count priced today:  23,400
Weighted avg. weight:       873 lbs.
Weighted avg. net price:    175.54
         
Cattle Slaughter under Federal Inspection:
Monday (est)                       119,000
Week ago (est)                    119,000
Year ago (act)                      119,000
Previous Day (est)
Steers & Heifers:  0
Cows & Bulls:        0
                                                                                                               
Boxed Beef:
Cutout Values:
Choice: 207.82… +0.28
Select:  196.65… -1.28
Choice/Select Spread: 11.17
Total Load Count: 160
             
Cutter Cow Cutout
170.82… +1.93
    
CME Feeder Cattle Index for December 25th
138.29… -0.17
             
Futures Settlements…
Live Cattle:
December: 113.05… +0.90
February: 115.77… +0.80
April: 119.52… +0.55
    
Feeder Cattle:
January: 141.00… +0.08
March: 142.60… +0.28
April: 144.12… +0.20
      
February Hogs: 66.50… -0.45
January Crude Oil: 47.62… -0.61
    
March Corn: 4.5650… +0.0550
March Wheat: 6.1425… -0.1275
    
Grain Cash Bids
Kansas City Corn: 4.50… +0.06
Kansas City Wheat: 5.47… -0.12
    
Financial Markets:
DJIA: 30,403.97… +204.10
S & P 500: 3,735.36… +32.30
NASDAQ: 12,899.42… +94.69
U.S. Dollar Index: 90.33... +0.01